18 Water Walk Drive 2206, Markham

$980,000
18 Water Walk Drive 2206

$980,000

New
23d
Condo ApartmentApartment

18 Water Walk Drive 2206, Markham

Total Monthly Obligation $5,081

HausQ Valuation Report
Bed+Den
3+1
Baths
3
Park
2
Sqft
1000-1199
DOM
23d
Score
16
Yield
4.0%
Cash on Cash
-8.7%
Cap Rate
2.7%
5Y IRR
8.7%
10Y IRR
9.3%
Property Type-Condo Apartment
MLS® Number-N13844960
Bed+Den-3+1
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,542.39 (2025)
Maintenance-$632.4/mo
Locker-None
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-FIRST CLASS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Unionville
Title-Residential Condo & Other

No agent assigned

Three Year New Riverview Luxurious Building In The Heart Of Markham. 1032 Sq.Ft 2 Bedrooms +huge Den and 2.5 bathrooms, Unobstructed View Balcony. Laminate Flooring Thru Out. Large Walk-In Closet. Modern Kitchen With B/I SS Appliances, Quartz Countertop. This Is The Newest Addition To The Markham Skyline. Prime Location Steps To Whole Foods, LCBO, Go Train, VIP Cineplex, Good Life And Much More. Minutes To Main St., Public Transit, 24Hrs Concierge, Gym, Indoor Pool, Library, Party Room, Lounge, Rooftop Terrace With BBQ, Visitor Parking. Two tanden parking spots included.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$784,000
Land Transfer Taxes$16,075
Legal Fees (Est.)
$
Total cash required for closing$213,575

Total Monthly Obligation

$5,081/mo
Mortgage $3,953
Monthly Loss $4,040
Principal$1,040
Interest$2,913
Property Tax$295
Condo Fees$632
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.2%15
10-Year IRR
7.7%
Returns Index
8.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$39,504/yr
NOI
$22,022/yr
Net Cash Flow
-$2,118/mo
Cash Margin
-64.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 18 Water Walk Drive 2206

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.